Revolving Fund — Technology Program. A. There is hereby created in the State Treasury a revolving fund for the Oklahoma Military Department to be designated the "Base Infrastructure Needs and Development - Technology Revolving Fund", which may also be cited as "BIND – Technology Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies directed for deposit to the fund by law. All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended by the Oklahoma Military Department for the purpose established in subsection B of this section. Expenditures from said fund shall be made upon warrants issued by the State Treasurer against claims filed as prescribed by law with the Director of the Office of Management and Enterprise Services for approval and payment. B. There is hereby established within the Oklahoma Military Department the "Base Infrastructure Needs and Development – Technology Program", which may also be cited as the "BIND – Technology Program". The Department shall utilize funds from the BIND – Technology Fund created in subsection A of this section, alone or in combination with other available funding, to make infrastructure investments, including, but not limited to, the purchase of licenses and software associated with military simulation training, that will either: 1. Decrease the likelihood of military base and other military infrastructure closures in this state; or 2. Increase the likelihood of military base and other military infrastructure expansions in this state.
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